Determining a home buying budget

Budget for
your home

You’ve heard the term “house-poor.” It means your home ownership expenses are so high that you don’t have any money left to maintain your lifestyle.

You can avoid this by taking an honest look at your expenses and your savings plan.

Over the next few months, keep track of your expenses which will help you determine how much money you’ll need to own a home while still doing the things that make you happy. Below is a guide of various costs to take into consideration.